The U.S. Securities and Exchange Commission (SEC) has issued a Wells Notice to CyberKongz, signaling heightened regulatory action. This development raises fresh concerns about the future of web3 gaming.
Tether, the issuer behind USDT, has invested in StablR, a European stablecoin provider, as MiCA regulations loom. The move coincides with Tether’s decision to phase out its euro-pegged stablecoin EURT.
Bankrupt crypto platform FTX (FTX Trading Ltd) has announced that its court-approved Chapter 11 plan will go live on January 3, 2025. This marks a major milestone in returning funds to clients and creditors.